Marico Q2 Results | Stock market Today: Marico share price surged over 8% on Tuesday, November 3, after the FMCG company reported a strong performance for the September quarter, with a sharp rise in profit, expanding margins and healthy volume growth across its businesses.
The stock jumped as much as 8.4% to an intraday high of ₹865, bringing it jusr 3% away from its 52-week high of ₹889.95, touched in July 2026. It had hit a 52-week low of ₹706.35 in November 2025.
The stock had gained around 10% over the past month, 11% in six months and 19% over the past year. The latest rally followed Marico's Q2FY27 results, which showed a 31% year-on-year (YoY) increase in consolidated net profit, supported by strong operating performance and a significant improvement in gross margins.
Marico reported consolidated net profit of ₹550 crore for Q2FY27, up 31% from the year-ago period. Revenue from operations increased 12% YoY to ₹3,897 crore, compared with ₹3,450 crore in Q2FY26. EBITDA rose 27% to ₹709 crore from ₹560 crore, while the EBITDA margin expanded 200 basis points to 18.2% from 16.2%.
The company's India business delivered 10% underlying volume growth, while its international business recorded 13% constant currency growth. Gross margin expanded approximately 600 basis points year-on-year, aided by moderation in copra prices and a favourable portfolio mix.